PBOC sets USD/CNY reference rate at 7.0731 vs. 7.0742 previous

The People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead on Friday at 7.0731, as compared to the previous day's fix of 7.0742 and 7.0737 Reuters estimates.

Oct 11, 2024

South Korea BoK Interest Rate Decision in line with forecasts (3.25%)

Australian Dollar strengthens ahead of US PPI data

The Australian Dollar (AUD) gains ground on Friday. Nonetheless, the lower odds of aggressive interest rate cuts from the US Federal Reserve (Fed) after the hotter-than-expected inflation data might lift the US Dollar (USD) and cap the upside for the pair.